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Bakersfield relies primarily on agriculture, petroleum extraction and refining, as well as manufacturing as its major economic staples. The city has a number of cultural assets including the Kern County Museum and the Buena Vista Museum of Natural History. Events held within the city include a number of horse shows held year round, one of the California’s Scottish Games and Clan Gatherings, the Greek Festival, the Low-rider National in the Kern County Fairgrounds, drag racing events at the Auto Club Famoso Raceway and Kern County Fair. Other recreational opportunities in the area include whitewater rafting, rock climbing, mountain biking, fossil collecting and skiing in the southern Sierra Mountain range. More »

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Lifan Industry (Group), the China automaker controlled by the billionaire family of entrepreneur Yin Mingshan, will acquire technology company Woasis of Chongqing for 300 million yuan, or $48 million, to strengthen its web-connected car services.

Lifan, also headquartered in the central China city of Chongqing, hopes the acquisition will read »

The key question being asked by the investors in Chinese stock market – especially the offshore investors– right now seems to be whether the administrative intervention will impact the critically needed market reforms. Most of the investors who we spoke to tend to think that the recent policy changes have added uncertainty to the reform read »

Bank and credit union examiners are especially scrutinizing the quality of financial institutions’ assets and their sensitivity to market risk, according to a recent survey of institutions that have recently undergone routine federal examinations.

Sageworks, a financial information company, also found in its survey that while many read »

Greenpeace’s ongoing attack on Royal Dutch Shell is a concern for energy resource and thus human development around the world. It failed, but Greenpeace just tried to stop Shell’s icebreaker from leaving port in Portland, Oregon, in the hopes of blocking Shell’s drilling plans in the Arctic. Greenpeacers dangled from ropes off St. Johns Bridge read »

Alas, if you’re looking to get one of the coveted Fallout 4: Pip-Boy Editions, you’re out of luck. The gaming public went wild over Bethesda’s canonical peripheral and bought out the entire stock in a flash, leaving hopeful wasteland wanderers to scrounge eBay. And there’s no new stock coming either: Betheda’s Pete Hines says that read »

It’s hard to tell exactly what happened with Rovio. They certainly made one incredible game with the original Angry Birds. Granted, it used an open-source physics engine and borrowed the basics of its design from a variety of other titles, but that doesn’t detract from just how well Rovio pulled off the game that came to read »

It has been a long time since Arsenal fans have approached a season with such high hopes. A settled squad – so far goalkeeper Petr Cech is only significant signing – well balanced and with a number of options at each position…..except one. read »

Am I “Non-Willful”? Taxpayers pursuing resolution of a foreign account issue within the Streamlined Procedures are required to certify, under penalties of perjury, that their conduct was “non-willful.” For purposes of the streamlined procedures, non-willful conduct is defined as conduct that is “due to negligence, inadvertence, or mistake or read »

It has finally happened. A powerful group of leaders in international finance, the Group of Thirty, (G30) called last week for far-reaching banking reforms to restore public trust. It opened the door to dismissal if necessary of top executives in the banking sector, new approaches to hiring and stronger roles by boards of directors “to ensure read »

Anything can be marketed – especially political candidates. As the political season starts ramping up, we are witnessing the beginning of what is sure to be a fast-paced, rapid-fire, marketing competition play out. Day-by-day, almost any candidate can be on top of the leader board with polling numbers shifting drastically. Imagine marketing a read »